AMF calls for more stringent SFDR regulations
France’s financial regulator, the AMF, has proposed the introduction of minimum environmental requirements, which would be met by Article 8 or Article 9 funds under the SFDR.
The authority claims that while the SFDR was designed by EU co-legislators and the European Commission to require financial market participants to disclose information on their sustainability communications and practices, it does not impose minimum requirements, nor does it define what it is to be a sustainable investment.
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